New, used, or pre-construction properties?
Neil Collins
Neil Collins
Among the possibility of buying properties, there are mainly the following:
Second-hand properties
They are properties that have already been transferred previously, in which someone has already lived, and their current owner wants to sell it. The prices of these properties are set according to the market, that is, the amount of supply and demand. Your real estate advisor has access to the listings of these properties by prices, characteristics, and areas.
New construction properties
New construction properties are usually understood to be those that have not been previously transferred or that were transferred but in which no one has ever lived. The prices of these properties are usually not negotiable. The price usually varies according to the surrounding market.
Properties in pre-construction or new construction
In recent years, the promotion and construction of real estate have been reactivated. These projects start to sell even when the first earthmoving has not yet started. Generally, the longer it takes to finish construction, the better the purchase price. If you can wait, you could find good investment opportunities in this pre-construction market if you are not in a hurry. Ask your real estate agent about these new constructions.
Neil Collins has over 15 years of experience in property sales in Spain and has over the years built up contacts throughout the Costa Blanca and with top class developers in the Murcia region. Specialising in personal searches for his clients, Neil will use his contacts and experience to find the "just for you" property. Whether you are looking to re-locate, find a holiday home or an investment property Neil will listen to your requirements, take note of your budget and then tell you if the two match and what to consider if they don't. New Build, Key Ready or Re-sale. Seaside, Rural, or Town Centre.
A mortgage loan? Cash?
The payment method to purchase a property will depend on the amount of money you have to invest and your mortgage debt capacity.
Steps in the process of buying a property.
A brief and simplified explanation of the process of buying a property.
What are the expenses associated with buying a home?
There are several expenses associated with buying a home. When deciding to buy a house, it is essential that you know and take into account, at least, the four types of basic expenses.